6505 Bonner Avenue, North Hollywood, CA 91606
Duplex · 4 recorded sales since 2018
Sold December 2020
Listing Agent: Elizabeth Maddox (DRE #01921425) · Listing Office: The 2-4 Unit Specialists · Contact: 818-859-7242 · Bought with: Natsuki Takano · Person Realty, Inc. · MLS #BB20214879 · Source: CRMLS
About this duplex
6505 Bonner is made up of a luxurious 3 bedroom, 3 bathroom single family residence that was torn to the studs and fully renovated in 2019, plus a FREE-STANDING 3 bedroom, 3 bathroom ADU that was built ground up in 2019 (a whole additional house)! This stunning non-rent controlled property is located 5 minutes from both the heart of the NoHo Arts District and NoHo West. Currently the front house has an excellent tenant at $3,700/month in a 1 year lease that ends on October 14th (that will turn month-to-month). The back house will be delivered vacant and has a projected rent of $3,300. We already have competing tenant applications in hand! Based on the current status of the leases/vacancies, this property works perfectly for both owner occupiers and investors! Either use 6505 Bonner as a high cash-flow investment, making a projected return of 5.10% (cap rate at market rents), or live in one of the units and rent the other! Whatever the option, this lovely property checks all the boxes! These immaculate homes are situated on a 7,140 square foot lot that has been landscaped beautifully! Other notable features include: manicured front yard, high ceilings, thoughtfully designed floorplans, top-of-the-line finishes, stainless steel appliances, washers and dryers in each unit, chic bathrooms, kitchens that are to die for, and a 2-car garage plus ample driveway parking!
Listing description from the December 2020 sale, as reported to CRMLS.
Sale history
